Income Computation and Disclosure Standards (ICDS) notified under Section 145 (2) of the Income -tax Act, 1961 to be applicable from 1stApril, 2016

Income Computation and Disclosure Standards (ICDS) notified under Section 145 (2) of the Income -tax Act, 1961 to be applicable from 1stApril, 2016 https://www.taxtmi.com/news?id=16338 Following stakeholder representations and Expert Committee recommendations for amendments and Tax Audit Report revision, the government has deferred ICDS applicability by one year to allow issuance of revised Tax Audit Report and finalisation of clarifications; a formal notification will be issued. en-us Wed, 06 Jul 2016 18:59:36 +0530 Wed, 06 Jul 2016 18:59:36 +0530 TaxTMI RSS Generator Income Computation and Disclosure Standards (ICDS) notified under Section 145 (2) of the Income -tax Act, 1961 to be applicable from 1stApril, 2016 https://www.taxtmi.com/news?id=16338 Following stakeholder representations and Expert Committee recommendations for amendments and Tax Audit Report revision, the government has deferred ICDS applicability by one year to allow issuance of revised Tax Audit Report and finalisation of clarifications; a formal notification will be issued. News - Wed, 06 Jul 2016 18:59:36 +0530 https://www.taxtmi.com/news?id=16338